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Dec 31, 2012
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that level of increased spending has continued with president obama every year since 09. stuart: hold on a second. can we please roll the sound bite of president obama and a trillion dollars worth of cuts. go. >> if you look at my track record over the last two years, i cut spending by over a trillion dollars in 2011. i campaigned on the promise of being willing to reduce the deficit in a serious way in a balanced approach of spending cuts and tax increases on the wealthy while keeping middle class taxes low. stuart: i think that was from met the press. -- meet the press. david: yes, it was. stuart: the president specifically said i have cut the deficit by 1 trillion dollars. david: he said i cut spending by 1 trillion dollars. stuart: by 1 trillion dollars. is that true? david: not at all. i'm looking in my hand. these are the figures from the department of treasury. spending 09, 3 trillion 500 billion. 2010, 3 trillion 500 billion. 2011, 3 trillion 600 billion. 2012, 3 trillion 538 billion. he has not cut a trillion dollars. where are those cuts? we just heard kirsten s
that level of increased spending has continued with president obama every year since 09. stuart: hold on a second. can we please roll the sound bite of president obama and a trillion dollars worth of cuts. go. >> if you look at my track record over the last two years, i cut spending by over a trillion dollars in 2011. i campaigned on the promise of being willing to reduce the deficit in a serious way in a balanced approach of spending cuts and tax increases on the wealthy while keeping...
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Jan 1, 2013
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. >>> looking beyond the senate deal, president obama is warning republicans that if they want future spending cuts, they're going to have to provide more tax revenue as well. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone -- and you hear that sometimes coming from them, that sort of after today we're just going to try to shove only spending cuts down -- well, shove spending cuts at us. if they think that's going to be the formula for how we solve this thing, then they've got another think coming. >> that midday news conference didn't go over well with a lot of republicans, and they said that the president's sometimes mocking tone, as they felt it was, could hurt the fiscal cliff deal in the house. >> as i sort out my impressions of the president's remarks as to whether to be angry or to saddened. we have the president of the united states go over and have a cheerleading ridiculing of republicans exercise. >> let's bring in democratic strategist and former edwards communications director chris ka fiance and republican strategist and
. >>> looking beyond the senate deal, president obama is warning republicans that if they want future spending cuts, they're going to have to provide more tax revenue as well. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone -- and you hear that sometimes coming from them, that sort of after today we're just going to try to shove only spending cuts down -- well, shove spending cuts at us. if they think that's going to be the...
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Jan 1, 2013
01/13
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president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. [ laughter ] >> it may be we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides moving back and forth between meeting rooms here on capitol hill on what is normally a quiet new year's eve. the major sticking upon the now is spending. the president suggested lawmakers make action on deficit reduction in the next few months and that more tax revenue could be involved in those discussions. but republicans are furious at that possibility. >> i'm willing to support revenues to deal with this problem. the overall problem. but what i will not grow to is using revenues to replace spending reductions. >> reporter: even if the senate approves the deal by midnight the house still has to pass the measure before the president can sign it into law. the house left earlier this evening, but it doesn't matter in terms of the "fiscal cliff" agreement b
president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. [ laughter ] >> it may be we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides moving back and forth between meeting rooms here on capitol hill on what is normally a quiet new year's eve. the major sticking upon the now is...
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Dec 29, 2012
12/12
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tax hikes and deep spending cuts. and here we go again, more snow headed to the the northeast, where a major winter storm already dumped several inches on inland areas. snarling roads, canceling hundreds of holiday flights. two powerful systems expect today come up the east coast by today, from south carolina to new york already issues severe weather warnings. i'm heather childers, now back to bulls and bears and for your latest weather headlines, log on to foxnews.com. you're watching the most powerful name in news. >> canceled, that's what thousands of ticked off holiday travelers are seeing on airport monitors this week. and while the nasty weather is to be blamed, toby says we should blame government regulations. >> here is a fact when it's a $27,000 fine if you're on the tarmac for more than three he hours in a minute which i was about two and a half years ago before they did this, what happens is, they get fined $27 grand per passenger and now they're doing, what they call in the industry the economic kill and l
tax hikes and deep spending cuts. and here we go again, more snow headed to the the northeast, where a major winter storm already dumped several inches on inland areas. snarling roads, canceling hundreds of holiday flights. two powerful systems expect today come up the east coast by today, from south carolina to new york already issues severe weather warnings. i'm heather childers, now back to bulls and bears and for your latest weather headlines, log on to foxnews.com. you're watching the most...
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Dec 31, 2012
12/12
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and so this is not going to be simply a matter of me spending political capital. >> president obama on "meet the press" over the weekend. in the wake of the newtown, connecticut school shootings. the president insisted he wants new gun control legislation passed in the next year. he put vice president biden in charge of that task force to make recommendations to him. democratic congressman john yarmouth of kentucky joins us now and he sits on the budget oversight and government reform and ethics committees. good to see you. >> good to be with you. >> what is your thought on what the president said on "meet the press?" >> i think he is absolutely right. what sets this apart, however, is that we do have presidential leadership on this issue. that is something that hasn't been there during past attempts to do something to curb gun violence. i am thrilled about that. i agree with him totally. i've said many times the public has to keep the drum beat going because unless there is a perceived cost to many of the politicians up here not much is likely to happen. we have to make sure the publi
and so this is not going to be simply a matter of me spending political capital. >> president obama on "meet the press" over the weekend. in the wake of the newtown, connecticut school shootings. the president insisted he wants new gun control legislation passed in the next year. he put vice president biden in charge of that task force to make recommendations to him. democratic congressman john yarmouth of kentucky joins us now and he sits on the budget oversight and government...
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Dec 26, 2012
12/12
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president obama spending the last few hours in hawaii relaxing before he heads back to washington to hope to get a deal and avoid the fiscal cliff. we look at what happens if the deal does not happen. spoiler alert, it will cause you money. grapevine, david gregory could be in trouble for a segment on his sunday show. we show you what happened. "special report" starts at 6:00 p.m. eastern standard time. now back to new york and "the five." ♪ ♪ ♪ >> kimberly: is it a horrible offense to be too good look? apparently so in iowa. they ruled a dentist james night had a right to fire his dental assistant melissa nelson for being too irresistible. and a perceived threat to his marriage. nelson worked in the office for ten years said she viewed knight as father figure and was fired after his wife complained about his infatuation with her. >> after working for so many years side-by-side, i didn't have any idea that that would have crossed his mind. i think it sends a message that men can do whatever they want in the workforce. >> kimberly: not nice. but apparently the iowa supreme court
president obama spending the last few hours in hawaii relaxing before he heads back to washington to hope to get a deal and avoid the fiscal cliff. we look at what happens if the deal does not happen. spoiler alert, it will cause you money. grapevine, david gregory could be in trouble for a segment on his sunday show. we show you what happened. "special report" starts at 6:00 p.m. eastern standard time. now back to new york and "the five." ♪ ♪ ♪ >> kimberly: is...
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Dec 31, 2012
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heather: coming up president obama facing another key test as he approaches the start of his second term. the ongoing battle now turning to america's ports, as a strike deadline fast approaches. doug mcelway live from washington. doug, the complaints of longshoreman whose strike was temporarily averted last week is kind of a symbol of what is threatening unions all across the nation, right? >> it really is heather, the longshoreman have been threatened by automation. it takes one longshoreman to do a job in the early 1960s it took three men to do. as automation has increased the longshoreman's union demanded their job security be plea served. the shipping industry worked out a deal where longshoreman would be paid a fee based on the weight of every container this a ship carries. but the industry finds it prohibitive lee expensive. >> antiquated work rules we've seen in it automotive industry, in the steel industry where efficient will see and new productive machines can come into play and people get displaced by that. it's been a difficult thing but it's one of the things that in order t
heather: coming up president obama facing another key test as he approaches the start of his second term. the ongoing battle now turning to america's ports, as a strike deadline fast approaches. doug mcelway live from washington. doug, the complaints of longshoreman whose strike was temporarily averted last week is kind of a symbol of what is threatening unions all across the nation, right? >> it really is heather, the longshoreman have been threatened by automation. it takes one...
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Dec 30, 2012
12/12
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do you want the government to do nothing about spending? are you happy with obama care? most would say no. but in the end the choice was between a president who said things aren't great, but i'm going to still try to make them better, and a guy who he painted as not having a plan and not identifying with the average wants and needs of most middle class americans and in the end people decided to stick with the devil they knew rather than the one they didn't. >> so the republican defeat was big, but it wasn't overwhelming in the sense of a repute yags, in your view, of the republican platform or their agenda. >> no, and i think the reason -- look. this country did have the opportunity to once again hand controlled government to democrats. everyone in the house was up for re-election, and yet they continued to givene republicans the majority. they like divided government, and they have to look at the states who elected the very conservative governors who are doing the exact opposite of what barack obama is doing at the federal level. jay dan, there are real implications, co
do you want the government to do nothing about spending? are you happy with obama care? most would say no. but in the end the choice was between a president who said things aren't great, but i'm going to still try to make them better, and a guy who he painted as not having a plan and not identifying with the average wants and needs of most middle class americans and in the end people decided to stick with the devil they knew rather than the one they didn't. >> so the republican defeat was...
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Dec 27, 2012
12/12
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if you look two years ago at the ratio obama was proposing spending cuts versus revenue. it was four to one. now it's one to one. >> you have that $1 trillion already passed. >> you do. but i think the credit the tea party gets for shifting that debate wag overblown. >> but it was deficit reduction versus short-term spending at the start of 2010. and it immediately moved to deficit reduction and how to do it. and that was a very fundamental, important shift in the conversation. >> we have to go, but -- we have to go, but i heard that after the show, sam stein will be on twiner. you can be there, too. >> we can get together. >> we have another important item, though, which is the biggest hurdle arguably to president obama's second term agenda. that's something you're probably never going to hear about, literally. people think of the filibuster as a talk athon to stop action in the senate. but nowadays it has been attacked with a constant extreme of silent filibusters. up next, the talking filibuster ahead live. >>> time for the your business preer oes weeks. amber and mark
if you look two years ago at the ratio obama was proposing spending cuts versus revenue. it was four to one. now it's one to one. >> you have that $1 trillion already passed. >> you do. but i think the credit the tea party gets for shifting that debate wag overblown. >> but it was deficit reduction versus short-term spending at the start of 2010. and it immediately moved to deficit reduction and how to do it. and that was a very fundamental, important shift in the...
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Dec 24, 2012
12/12
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president obama spending holidays in beautiful hawaii where reports now surfaced where he is looking to strike a smaller fiscal deal that would extend tax cuts for the middle class but not tackling any spending cuts. chief white house correspondent ed henry is live in honolulu with more. ed, for the first time, people like joe lieberman are saying i really think we'll go over the cliff. what do you hear? >> reporter: it's a real possibility, you're right. we're a week out. people on both sides have been talking this thing to death. it might need a christmas miracle at this point to avoid going off the cliff. the president scaled back plan basically would extend unemmoment benefits for two million people who will lose them a week after christmas if there is no deal. he also wants to extend tax cuts for 98% of americans. you heard him talk about that again and again. that level of $250,000 or less. the republicans have not afreed to that on the hill obviously. when you talk to folks like senator lindsey graham, they say the big issue is not taxes, it is spending cuts. take a listen. >>
president obama spending holidays in beautiful hawaii where reports now surfaced where he is looking to strike a smaller fiscal deal that would extend tax cuts for the middle class but not tackling any spending cuts. chief white house correspondent ed henry is live in honolulu with more. ed, for the first time, people like joe lieberman are saying i really think we'll go over the cliff. what do you hear? >> reporter: it's a real possibility, you're right. we're a week out. people on both...
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Dec 27, 2012
12/12
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obama's spending being higher than the bush years. that is not true. the deficit which increases our debt grew so much under obama because he put both wars into the budget. george bush kept him out of the budget -- them out of the budget. was not paying for them, so things looked good. in the first few years of the obama administration, he created more jobs than george bush did in eight years. was theush's, at surpluses are for spending. -- comment was the surpluses are for spending. the put us in massive debt, left it on obama. -- he put us in massive debt, left it on obama. these people sit here and watch these idiots on tv say these things are not true. and then they go and push based on what they're hearing instead of looking into the fact of the matter. host: mr. forbes? guest: i did make mention that spending did increased dramatically under george bush. no matter how you account for the wars, domestic spending under president obama increased very substantially to the point that it is the highest it has been without a world war. theses why we're
obama's spending being higher than the bush years. that is not true. the deficit which increases our debt grew so much under obama because he put both wars into the budget. george bush kept him out of the budget -- them out of the budget. was not paying for them, so things looked good. in the first few years of the obama administration, he created more jobs than george bush did in eight years. was theush's, at surpluses are for spending. -- comment was the surpluses are for spending. the put us...
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president obama released a statement shortly after the senate vote. it reads in part "tonight's agreement ensures that going forward we will continue to reduce the deficit through a combination of new spending cuts and new revenues from the wealthiest americans. i will continue to fight every day on behalf of the middle class and those fighting to get into the middle class to forge an economy that grows from the middle out, not from the top down." >>> that vote may not come right
president obama released a statement shortly after the senate vote. it reads in part "tonight's agreement ensures that going forward we will continue to reduce the deficit through a combination of new spending cuts and new revenues from the wealthiest americans. i will continue to fight every day on behalf of the middle class and those fighting to get into the middle class to forge an economy that grows from the middle out, not from the top down." >>> that vote may not come...
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obama doesn't -- obama believes in stimulating the economy through spending. he doesn't believe in making all the cuts. so again, like you are asking him to adopt a world view he doesn't have. >> bret: even though he talked about it many times. >> he does talk about it. >> expounding upon it. fixing social security and medicare. >> anybody who reads paul krugman, grand pubah of economics on the left his worry that the deficit will be reduced too fast. i'm not endorsing this from a policy perspective. i'm telling grow a political perspective this is the situation with the president. so to say he should want cuts that the republicans want is to ask him to adopt a philosophy he doesn't have. i'd say if i was a republican, i would be bothered by republican party not being more specific and holding his feet to fire on it. >> bret: the senate democratic caucus could slip a the white house is saying that the vice president heading up there the time is not firm. >> so we'll be here. >> bret: we'll be here covering it for you. >> big night. >> bret: the countdown to vi
obama doesn't -- obama believes in stimulating the economy through spending. he doesn't believe in making all the cuts. so again, like you are asking him to adopt a world view he doesn't have. >> bret: even though he talked about it many times. >> he does talk about it. >> expounding upon it. fixing social security and medicare. >> anybody who reads paul krugman, grand pubah of economics on the left his worry that the deficit will be reduced too fast. i'm not endorsing...
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Jan 1, 2013
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but the other big obama prize is no spending cuts. i mean, a few republicans are going to give in on this position you have held for decades, what are you going to get in return for? remember that great "wall street journal" article where john boehner says, i'm putting all this revenue on the table. what am i going to get? barak obama says, you get nothing. i get it for free. that's what happened. >> brian: that's what happened so far. it's amazing because if the president actually wanted to balance the budget, he would be doing cuts. it doesn't seem like he's playing for the same goal as the average american, politics aside. >> we have one side that wants higher taxes and one side that wants lower spending. they're banging into each other. >> brian: thanks for coming in. >> thank you. >> steve: happy new year. >> brian: straight ahead, president obama wanted congress to get raises. but most americans think they're doing a very bad job. will lawmakers see more money in their paychecks? there is an update. >> steve: kind of a diplomay
but the other big obama prize is no spending cuts. i mean, a few republicans are going to give in on this position you have held for decades, what are you going to get in return for? remember that great "wall street journal" article where john boehner says, i'm putting all this revenue on the table. what am i going to get? barak obama says, you get nothing. i get it for free. that's what happened. >> brian: that's what happened so far. it's amazing because if the president...
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Dec 28, 2012
12/12
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president obama and congressional leaders will meet this afternoon at the white house in a last-ditch effort to avoid a self-inflicted fiscal calamity. this is the first meeting between the power plays in six weeks. if they can't work out some kind of agreement automatic tax hikes and spending cuts will go into affected new year's day, which will impact most americans and will put the nation back into recession. >> we are coming up against a hard deadline. >> at today's meeting, president obama will push for a stop gap measure, a small deal that will at least prevent tax increases for those earning $250,000 or less. but even that seems unlikely. >> the american people have a right to be very upset with this congress. >> publicly, both sides have ratcheted up rhetoric, pointing the finger. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> the only reason why democrats have been trying to defect -- deflect attention over the past few weeks is they did not have a plan of their own. >> the path for the rest in the hands
president obama and congressional leaders will meet this afternoon at the white house in a last-ditch effort to avoid a self-inflicted fiscal calamity. this is the first meeting between the power plays in six weeks. if they can't work out some kind of agreement automatic tax hikes and spending cuts will go into affected new year's day, which will impact most americans and will put the nation back into recession. >> we are coming up against a hard deadline. >> at today's meeting,...
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Dec 31, 2012
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under president bush and president obama. and i think republicans ask for less than they should have, we're going to have to ask for more in the way of spending cuts because once we do this very small, large increase on the wealthy, but small amount of revenue, we have to come back again. and i think the middle class has to understand that you can only get so much from the rich when they're already going to be paying over 55% on their ordinary income come next year, at least in my state of california. there is going to be a limit how much you can do. ultimately all taxes end up being paid disproportionately for the middle class. >> are you going to vote for this? >> i haven't seen the bill yet. >> would you vote for tax increases or tax cuts up to 450,000? >> i said aultimately i'll finda way to support something to bring to the american people. i think this bill will have too few cuts and will depend on a small amount of people that candidly don't represent enough money to bring a real fix to our trillion dollar deficit. >>
under president bush and president obama. and i think republicans ask for less than they should have, we're going to have to ask for more in the way of spending cuts because once we do this very small, large increase on the wealthy, but small amount of revenue, we have to come back again. and i think the middle class has to understand that you can only get so much from the rich when they're already going to be paying over 55% on their ordinary income come next year, at least in my state of...
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Jan 1, 2013
01/13
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the big cliff still lies in front of us. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush-era tax cuts remain in place for individuals earning as much as $400,000 a year, far above the 250,000 level on which president obama campaigned. but those making more will see higher income taxes, capital gains, plus a new health care reform surtax. rob wood says you'll notice in your paycheck one popular tax cut will be history. >> the average person, say, earning $50,000 a year is going to pay about $1,000 more in payroll taxes in 2013. >> reporter: the fiscal cliff agreement also increases taxes on estates worth more than $5 million and extends unemployment benefits for one year and keeps the child tax credit for workers who don't earn enough to pay income taxes. the alternative minimum tax got a pat for inin addition. that shields 33 million taxpayers. even with the budge
the big cliff still lies in front of us. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush-era tax cuts remain in place for individuals earning as much as $400,000 a year, far above the 250,000 level on which president obama campaigned. but those making...
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Dec 24, 2012
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president obama spending the christmas holidays in hawaii, but it's not all fun in the sun. still looming as i've just talked about is this large fiscal cliff as the deadline gets closer, and now there are reports surfacing that the president is looking to strike a partial deal that would extend tax cuts for the middle class while holding off on spending cuts. chief white house correspondent ed henry has the luxury of reporting live in honolulu, hawaii. ed it seems for the first time we might really go off the fiscal cliff which is something that you or so many of us in washington never believed would happen. >> reporter: you're right, kelly. i mean for the longest time there was an expectation in both parties there would be a lot of fighting but right up against the christmas holiday they would finally somehow work this out. that is traditionally what happens on capitol hill. this time as you say leaders in both parties now bracing for the real possibility that we will go off that fiscal cliff, and that tax increases will go across the board for everybody, basically, go bac
president obama spending the christmas holidays in hawaii, but it's not all fun in the sun. still looming as i've just talked about is this large fiscal cliff as the deadline gets closer, and now there are reports surfacing that the president is looking to strike a partial deal that would extend tax cuts for the middle class while holding off on spending cuts. chief white house correspondent ed henry has the luxury of reporting live in honolulu, hawaii. ed it seems for the first time we might...
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Jan 1, 2013
01/13
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approving the bill to head off tax increases and spending cuts. president obama asking the house to pass it without delay. nancy cordes is on capitol hill now. nancy, good morning to you. >> reporter: good morning, terrell. technically we did go over the fiscal cliff at midnight this morning. but that is likely to be temporary if the house votes in favor of that bill later today. the senate as you mentioned voted overwhelmingly around 2:00 in the morning by a vote of 89-8. almost all democrats and republicans voting yes on a deal that would make permanent the bush era tax cuts for people earning up to $400,000 a year and couples earning up to $450,000 a year. this was a deal that was worked out by vice president biden and senate leaders. the house speaker hasn't said that the house will definitely vote in favor of it today, but democrats at least are saying they expect almost all of their members to vote yes. terrell? >> nancy cordes on capitol hill, nancy, thank you so much. >>> secretary of state hillary clinton spent new year's eve in the hospi
approving the bill to head off tax increases and spending cuts. president obama asking the house to pass it without delay. nancy cordes is on capitol hill now. nancy, good morning to you. >> reporter: good morning, terrell. technically we did go over the fiscal cliff at midnight this morning. but that is likely to be temporary if the house votes in favor of that bill later today. the senate as you mentioned voted overwhelmingly around 2:00 in the morning by a vote of 89-8. almost all...
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Dec 31, 2012
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you heard mitt romney criticize president obama because he's not spending enough on ships, which we don't need, and not staying long enough in the war zones. the republicans' view of spending is very particular one. secondly, as far as the american people are concerned, people in their districts, gee, if they represent districts in new jersey and new york they want more spending. you know, people -- if you ask them they want government pending they say no. do you want to cut medicare? no, not that. how about firefighters? people boast of cutting government. when was the last time you heard them cut fire department or cut down on snow removal? in fact the republicans tend to be opposed to spending in general. when it comes to particular spending, remember paul ryan acknowledging he was seeking to get the stimulus money that he was denouncing. but in any case, it's not the democratic position we should put all of the increased revenue into spending. by the way, i believe much of government spending is very important. there are things that we need for the quality of our life. good transporta
you heard mitt romney criticize president obama because he's not spending enough on ships, which we don't need, and not staying long enough in the war zones. the republicans' view of spending is very particular one. secondly, as far as the american people are concerned, people in their districts, gee, if they represent districts in new jersey and new york they want more spending. you know, people -- if you ask them they want government pending they say no. do you want to cut medicare? no, not...
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Dec 25, 2012
12/12
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FBC
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the obama plan, to the speakersi boehner plan, it will either o alter the rising rate of spending were less than the science of our bloated government. the answer in tonight "chalk talk" is coming up so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. lou: you know, everybody's getting pretty excited about that fiscal cliff negotiation or impasse, however you want to3 style it. mayi want t showu, lou: everybody is getting re ofed about the fiscal clifft, negotiation. i thought i would show you what thuld happen if we change into the speaker boehner plan, the president obama plan, let's start out with the do-nothing plan because that's the plan we0 have right now. the cbo estimates fiscal year 2013 deficit will be, well,lionf $104 trillion f
the obama plan, to the speakersi boehner plan, it will either o alter the rising rate of spending were less than the science of our bloated government. the answer in tonight "chalk talk" is coming up so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run...
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Jan 1, 2013
01/13
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in the first term he had to pretend he cared about spending and debt. in fact, when he sold obama care, if you remember the first speech, he said this is a way to deal with our debt. the main driver of debt is healthcare costs and what i'm going to do is going to cure the problem. that's how he sold it i don't think he believed it then. i'm not sure he believes it now. >> just such a good segway because you don't even know that i have these things in my back pocket. [ laughter ] and because i didn't brief you before. >> this is like abbot and costello. >> bret: it really is. we'll end 2012. >> he have been doing the gig for so long don't have to communicate. >> bret: listen to the president talk about entitlements and when he talking to republicans. >> the major driver of our long-term liabilities, everybody here knows is medicare and medicaid and our healthcare spending. nothing comes close. social security we could probably fix the same way tipp o'neal and ronald reagan sat down together and they could figure something out, that is manageable. medicar
in the first term he had to pretend he cared about spending and debt. in fact, when he sold obama care, if you remember the first speech, he said this is a way to deal with our debt. the main driver of debt is healthcare costs and what i'm going to do is going to cure the problem. that's how he sold it i don't think he believed it then. i'm not sure he believes it now. >> just such a good segway because you don't even know that i have these things in my back pocket. [ laughter ] and...
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if we do get downgraded because there's not enough spending. in the long-term, the economy will suffer, but republicans may be able to say we tried to stop this, this is obama's deal, now he owns it. >> but they need to do better with communicating that exact message, really, if you look at what's going on here, obama has been persistent and bullheaded saying, it's my way or no way and i think he can wants to go over the cliff to demonize and at the same time bullying the middle class. >> and in the short-term run, that it is inevitable that the democrats will say you guys, you republicans, you put us offer the cliff because you were defending your rich millionaire friends, it's inevitable they will say that and that's a winning political line in the short-run. and over that, however, and you ask where is the leadership from this president, where is it? >> and here, stuart. >> doesn't he agree with you. >> americans with funny accent. let me ask you this question, explain to me and to the american people out there right now why you need to prot
if we do get downgraded because there's not enough spending. in the long-term, the economy will suffer, but republicans may be able to say we tried to stop this, this is obama's deal, now he owns it. >> but they need to do better with communicating that exact message, really, if you look at what's going on here, obama has been persistent and bullheaded saying, it's my way or no way and i think he can wants to go over the cliff to demonize and at the same time bullying the middle class....
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>> well, i think that opportunity was missed in the boehner/obama negotiations. there really was no time to do anything except the basics right now. and i think there's a good shot that this will succeed. i think both parties are very conscious of the markets opening tomorrow and the republicans have been through situations where they've voted down big plans and the markets have crashed. so i don't think that john boehner wants that on his head and i think that president obama's planning to blame him if that happens. there as lot of work being done to convince some liberal democrats and conservative republicans, because republicans in voting for this would have to vote for a tax rate increase which a lot of them have signed pledges saying they would never do. it's a big step but i think they'll take it. >> david, looking at house speaker john boehner a lot of people thought he ended up looking bad when that plan b failed. does he have the votes for this and/or could his speakership be in trouble? >> i don't know that his speakership is in trouble. during a year a
>> well, i think that opportunity was missed in the boehner/obama negotiations. there really was no time to do anything except the basics right now. and i think there's a good shot that this will succeed. i think both parties are very conscious of the markets opening tomorrow and the republicans have been through situations where they've voted down big plans and the markets have crashed. so i don't think that john boehner wants that on his head and i think that president obama's planning...
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what obama has been able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is even part of it. >> we have to leave it there. coming up, it's the day after christmas. you know what that means? all the bad kids going bad. [laughter] >> let's tell you what the finalist got from santa. and this woman said she was fired from her job for being too sexy, her boss couldn't handle it. that's ahead on "the five." ♪ with the spark miles card from capital one, thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] >> welcome back. it's been a rough couple months for republicans. they first lost the election -- i guess
what obama has been able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is even part of it. >> we have to leave it there. coming up, it's the day after christmas. you know what that means? all the bad kids going bad. [laughter] >> let's tell you what the finalist got from santa. and this woman said she was fired from her job for being too sexy, her boss couldn't handle it. that's ahead on "the five." ♪ with the spark miles...
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the senate has put off dealing with government spending cuts for another two months and they need to address the debt ceiling and long-term budget plans. >> it's the debate we'll have next and it's a debate republicans are ready for. >> reporter: and the next debate is in the house. we'll see if they pass the senate deal when they get back to work in less than two hours. live in washington, kyla campbell, ktvu channel 2 news. >>> it is 7:13. some san francisco workers can expect slightly bigger paychecks starting today. that's because the minimum wage just went up in the city. the minimum wage is now $10.5 in san francisco. the state minimum wage in california is $8 an hour. >>> 7:13. pg&e customers, you'll see changes on your bill this month. starting today, electric bills go up about 2%. but gas rates, they are going down, almost 6%. however, the smaller gas prices, they won't last long. next month, pg&e will raise gas rates about 2% to help pay for pipeline safety upgrading. now, this was mandated by sit regulators after the 2010 pipeline explosion in san bruno. >>> well, a new ca
the senate has put off dealing with government spending cuts for another two months and they need to address the debt ceiling and long-term budget plans. >> it's the debate we'll have next and it's a debate republicans are ready for. >> reporter: and the next debate is in the house. we'll see if they pass the senate deal when they get back to work in less than two hours. live in washington, kyla campbell, ktvu channel 2 news. >>> it is 7:13. some san francisco workers can...
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. >> president obama will have be to willing to spend a long time on this, and all -- probably all of his political capital and just it's going to be a slog. that was what we got from "meet the press" yesterday. it's just clear he knows this is going to be a slog, and he needs people, the american people, to be on his side, or else it's just not going to happen. the media coverage, like you said, has already dropped off. it's not going to continue unless there's a public outrage. >> absolutely. you know he has the rett cal skill to do it. if the president puts his rett cal skill and weight behind it, at least we can keep the discussion going. we have an important thing we need to do, because jimmy williams, today is not just another day in the park. it's not just another new year's eve. you have somebody that you want to give a special shout-out to. >> my mother turns 70 today. happy birthday, my sweet mother. , in south carolina. you rock. you're the bomb. >> happy new year's eve, mom. >> that's right. >> we always appreciate. >> the world's greatest tax deduction. >> absolutely. you
. >> president obama will have be to willing to spend a long time on this, and all -- probably all of his political capital and just it's going to be a slog. that was what we got from "meet the press" yesterday. it's just clear he knows this is going to be a slog, and he needs people, the american people, to be on his side, or else it's just not going to happen. the media coverage, like you said, has already dropped off. it's not going to continue unless there's a public...
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on the table was $1.4 trillion in higher taxes over ten years, and $800 billion in lower spending. that's taking a lot of liquidity out of the economy. >> okay, barry, last question here. fill in the blanks for me. if we hold x, then this correction will not happen. >> if we hold, i mean, key support level certain little on the s&p 500. look for 1400, would be a key support level to hold there. we'd want to bounce back up. but what you really would be looking for, i showed on the charts, key resistance levels. what you really want to see, we have not been able to break above those resistance levels. you need to break above those resistance levels very convincingly if you're going to convince me there's going to be a rally in 2013. >> barry, thank you, joining us tonight from miami. >> thank you. >> you look what barry has to say? >> i think you should get a correction here. >> do you like the notion of the presidential cycles? >> i look more, you know, so, you're dealing right now, there are so many headlines out there and you are trying to decipher what's important, if you are foc
on the table was $1.4 trillion in higher taxes over ten years, and $800 billion in lower spending. that's taking a lot of liquidity out of the economy. >> okay, barry, last question here. fill in the blanks for me. if we hold x, then this correction will not happen. >> if we hold, i mean, key support level certain little on the s&p 500. look for 1400, would be a key support level to hold there. we'd want to bounce back up. but what you really would be looking for, i showed on...
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the people voted obama back in. host: the minority leader, mitch mcconnell, has been negotiating with the vice president joe biden to come to some sort of agreement. what you make of that? caller: i'm talking about what mitch mcconnell said in the beginning. he did not want to work with this president. the want it to see him fail. they're hurting the american people by not helping obama. obama is good for the country, but people that listen to rush limbaugh, sarah palin, and fox news, that is why this country is going down like this. host: let me get your thoughts on president obama as a negotiator. what do you think? caller: he has reached out and showed an olive branch dejon banner ever since he has been in. -- john boehner ever since he has been in. president obama has tried to work with these people to get things done, and they will not work with him. host: let's hear from ron in appleton, wisconsin. caller: i woke up this morning, and i am an engineer, an african-american. i have been blessed with a good income
the people voted obama back in. host: the minority leader, mitch mcconnell, has been negotiating with the vice president joe biden to come to some sort of agreement. what you make of that? caller: i'm talking about what mitch mcconnell said in the beginning. he did not want to work with this president. the want it to see him fail. they're hurting the american people by not helping obama. obama is good for the country, but people that listen to rush limbaugh, sarah palin, and fox news, that is...
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we're not just doing on the spending side anymore but clearly an obama optimistic about this deal. its chances and what it means for the white house. that does it for this edition of "andrea mitchell reports." happy new year, everyone. "news nation" is next. >>> hello there, i'm t.j. holmes. president obama speaking just moments ago and putting the pressure on. with just ten hours until the country goes over that fiscal cliff, the president announcing that agreement to prevent tax hikes for all americans is in sight. but there is no deal just yet. >> today it appears that an agreement to prevent this new year's tax
we're not just doing on the spending side anymore but clearly an obama optimistic about this deal. its chances and what it means for the white house. that does it for this edition of "andrea mitchell reports." happy new year, everyone. "news nation" is next. >>> hello there, i'm t.j. holmes. president obama speaking just moments ago and putting the pressure on. with just ten hours until the country goes over that fiscal cliff, the president announcing that agreement...
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what obama is able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is part of it. >> eric: leave it there. coming up, the day after christmas. you know what that means? all the bad gifts are going back. tell you what the five of us got from san. the plus, this woman says she was fired from her job for from being too sexy. her boss couldn't handle it. her story ahead on "the five." ♪ ♪ >> andrea: welcome back. rough couple of months for republicans. they first lost the presidential election. i guess you can keep the music going. why not? losing ground for negotiation on deal for fiscal cliff so no surprise they are using hope for the future. "washington post"/abc news poll says 72% of the g.o.p. is fearful about what lies ahead in 2013. all right, so let's take a look at the 72% of republicans say they are very fearful, which is up by double digits than what they were i guess under president bush. so greg, are republicans more grounded in reason, they see the future as nail biter? >> greg: conservatives are vampire killers. liberals hate
what obama is able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is part of it. >> eric: leave it there. coming up, the day after christmas. you know what that means? all the bad gifts are going back. tell you what the five of us got from san. the plus, this woman says she was fired from her job for from being too sexy. her boss couldn't handle it. her story ahead on "the five." ♪ ♪ >> andrea: welcome back. rough couple of...
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can they resolve the disagreement offer spending cuts? democrats are resisting. they want a longer perhaps one-year delay and president obama was trying to rally those disappointed democrats with remarks that he just made by citing gains that he had won in terms of energy and education tax breaks he supported in the past and vowing to seek more revenue later on when we get to the discussion of entitlement cuts or what republicans believe is safer ground. saw some tweets saying he is trying to gum up the works. but there is the way the to and fro negotiation of president obama making sure his own troops are in line if he makes a deal. >> absolutely. talking to and fro, when president obama was speaking and saying a fiscal cliff deal was in sight, we saw the dow spike back above the 13,000 market pch pairing those gains a little bit as we speak. still below the 13k mark right now. we will watch this as we continue to get headlines. let's talk to aimian who is also falling a minute by minute changes. what is the latest in your camp? >> the deal john just outlined wo
can they resolve the disagreement offer spending cuts? democrats are resisting. they want a longer perhaps one-year delay and president obama was trying to rally those disappointed democrats with remarks that he just made by citing gains that he had won in terms of energy and education tax breaks he supported in the past and vowing to seek more revenue later on when we get to the discussion of entitlement cuts or what republicans believe is safer ground. saw some tweets saying he is trying to...
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president obama was a guest on "meet the press." let's listen. >> 75% of the congressmen come from gerrymandered districts in which they are bullet proof. they don't go home and have to prove their case because they have a choir back home. >> i think it has been very hard for speaker boehner and republican leading mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> in a statement house speaker john boehner shot back writing americans electedt president obama to lead, not to cast blame. the president's comments today are ironic as a current theme of negotiations is an unwillingness to agree to anything that would required him to stand up to his own party. does it look like the president and speaker are closer to mending fences? >> it doesn't. the president i think was seen by both parties in some respects as a bit of a pushover during the debate about the debt ceiling and frankly going back two years exactly now around extending the bush tax
president obama was a guest on "meet the press." let's listen. >> 75% of the congressmen come from gerrymandered districts in which they are bullet proof. they don't go home and have to prove their case because they have a choir back home. >> i think it has been very hard for speaker boehner and republican leading mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> in a...
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of something very close to a trillion dollars of defense cuts the first obama term. the extra cuts really go well beyond muscle. we are into bone. defense secretary panetta has made that clear. in the president's own defense secretary saying that our fense capabilities are being cu unacceptably, you know that is bad. and let me just say, this is not a matter of ben counting. this goes to the ability of america tosustain the international order that our economy rests on. you're not going to have sustained prosperity in the united states if the united states can provide whatever minimal order there is in the world today. that's the direction we're heading in. gerri: what's going to happen as a practical matter, los, peop, a machine. what will get cut? >> if the sequestration goes through over the long term, obviously the worst thing that will happen will be our inability to procure the sophisticated and expensive weapons system that we need. in the short term on sure there will try personnel layoffs o mitigate the effect of it, but it is unpleasant either way. people s
of something very close to a trillion dollars of defense cuts the first obama term. the extra cuts really go well beyond muscle. we are into bone. defense secretary panetta has made that clear. in the president's own defense secretary saying that our fense capabilities are being cu unacceptably, you know that is bad. and let me just say, this is not a matter of ben counting. this goes to the ability of america tosustain the international order that our economy rests on. you're not going to have...
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adam: we will. >> 5:45 president obama deliver as statement here at the white house. as far as spending cuts are concerned, you see this argument, you typically hear republicans say, government spending doesn't create jobs. however when it comes to a number of defense cuts when it hits in their districts a number of them, if it hits companies in their districts well you have to stop defense cuts using an economic argument. when you talk about the $94 billion, well, yes there are economic effects that will be felt, the $94 billion in cuts down as sequester, you have to put that in perspective the sandy supplemental bill started out $60 billion. one storm could wipe out all the savings or. adam: that sandy supplemental bill is 60 billion, 45 billion according to taxpayers for common sense is stimulus spending that doesn't involve the hurricane. dan, i will come back to you after we listen to sound bite from harry reid, senate majority leader commenting on the negotiations today. here is what he said. >> okay. we had a long meeting in the white house. it was very constru
adam: we will. >> 5:45 president obama deliver as statement here at the white house. as far as spending cuts are concerned, you see this argument, you typically hear republicans say, government spending doesn't create jobs. however when it comes to a number of defense cuts when it hits in their districts a number of them, if it hits companies in their districts well you have to stop defense cuts using an economic argument. when you talk about the $94 billion, well, yes there are economic...
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that is the level that president obama campaigned on. he said folks who make $250,000 or more should pay more in taxes. richard trumka expressing concern tonight that this will ultimately wind up taking a larger cut into spending than democrats will be comfortable with. so that is some of the criticism on the left. i imagine vice president biden have l have to answer some questions about that when he heads over to the hill. but as kelly mentioned, he has been one of the key negotiators in this entire process. remember, on saturday, milissa, these negotiations had all but stalled. and that is the point at which minority leader mcconnell picked up the phone, called biden, asked him to engage in these negotiations. he did. he is of course a veteran of the senate. few people understand how the inner works of the senate work as well as vice president biden. so he gotten gauged in these negotiations, really helped them to move forward. remember, he also has a very strong work relationship with mitch mcconnell. the two served together for about
that is the level that president obama campaigned on. he said folks who make $250,000 or more should pay more in taxes. richard trumka expressing concern tonight that this will ultimately wind up taking a larger cut into spending than democrats will be comfortable with. so that is some of the criticism on the left. i imagine vice president biden have l have to answer some questions about that when he heads over to the hill. but as kelly mentioned, he has been one of the key negotiators in this...
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the government cannot keep spending money. we need a vacation for michelle and obama. stop that. let's have them pay their own after a share. that applies to lobbyists and anybody traveling for private reasons. this stuff is being run by amateurs. i thank you so much for being able to talk to you. we have a class warfare. it is not right. everybody should go to church and say a prayer to god. host: dawn from california. -- don from california. a column from washington times -- he notes that the bottom line is this -- congressman darrell issa in "the washington times." will go to the democrat line, charles from texas. caller: first, i have a question. this morning when i was watching the news, did i understand that congress is getting a raise next year? host: we will have a story on that later. caller: i think they should lead by example. they need to take a pay cut if we are taking pay cuts. we need to stop foreign aid all the way around. host: will that be enough to solve the debt problem? caller: know, there needs to be tax increases and spending cuts, but i do not think it has
the government cannot keep spending money. we need a vacation for michelle and obama. stop that. let's have them pay their own after a share. that applies to lobbyists and anybody traveling for private reasons. this stuff is being run by amateurs. i thank you so much for being able to talk to you. we have a class warfare. it is not right. everybody should go to church and say a prayer to god. host: dawn from california. -- don from california. a column from washington times -- he notes that the...
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president obama can't raise enough money through his tax plans to cover all the spending. that means he could resume other ways for the revenue to come in. will a carbon tax be among them? joining us now from the american action forum, sam, we know the president wants this thing. he tried desperately, even with democrats holding both houses of congress, however, he couldn't get it. will he try to pursue it in his first year of the second term? >> well, there's certainly a lot of revenue out there. a lot of projections are, if carbon is at $20 per ton of carbon, it could generate roughly a trillion dollars over the next ten years, of course, that figure of $20 would increase, but i think it's pretty tough for republicans to swallow another trillion dollars in revenue from a carbon tax, so i don't think it's very likely to get 60 votes in the senate or for speaker boehner from ohio which is a big coal producing area, which would be hit the hardest by a carbon tax, i don't think it's likely he would bring that up for a vote. david: here is another scenario though. the preside
president obama can't raise enough money through his tax plans to cover all the spending. that means he could resume other ways for the revenue to come in. will a carbon tax be among them? joining us now from the american action forum, sam, we know the president wants this thing. he tried desperately, even with democrats holding both houses of congress, however, he couldn't get it. will he try to pursue it in his first year of the second term? >> well, there's certainly a lot of revenue...
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again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, and elections of millions of americans to avoid paying the alternative minimum tax. an increase in the debt ceiling is not part of the discussion. that is significant development for house republicans who won any increase in the borrowing limit it accompanied by an equal amount in spending cuts taking the debt ceiling of the table making it much easier for the scaled-down version to be negotiated. from here senate leaders will try to secure an agreement by sunday morning. if so, democrats and republicans will try to sell its house and senate members. if they can do that the voting begins. there is some progress report this evening, though t
again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, reversing massive pay cut from medicare doctors, and elections of millions of americans to...
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entitlements that obama thinks -- he is spending $5 million of taxpayer money for a vacation. everybody is going to have to pay more taxes. why? what are the entitlements going to the politicians? they get a six-figure salary and everything is paid for. you try to get into the white house or one of the senator's place. they are heavily guarded with rifles. it is the democrats back door. you have to know what is in the bill. host: thank you for the call. this is from "the washington times." "leaders find agreement on farm bill." host: and from nbc news, moron hillary clinton, -- more on hillary clinton who remains hospitalized this morning after it blood clot had formed. the clot stems from a concussion she sustained several weeks ago. she is in new york president obama -- new york presbyterian hospital. her doctors will continue to assess her condition and will determine if any further action is required. she has not been seen in public in three weeks. was supposed to come back to office this week. next is ron from cincinnati, good morning. caller: i wish mrs. clinton well. th
entitlements that obama thinks -- he is spending $5 million of taxpayer money for a vacation. everybody is going to have to pay more taxes. why? what are the entitlements going to the politicians? they get a six-figure salary and everything is paid for. you try to get into the white house or one of the senator's place. they are heavily guarded with rifles. it is the democrats back door. you have to know what is in the bill. host: thank you for the call. this is from "the washington...
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i listened to the gentleman who said president obama won the election so he should get his way, but the republicans say, look, we won the house. i do want to see a deal done. and by the way, i don't want to see taxes go up, ali. you know that. i think it's bad for the economy -- >> but you also generally agree if there was going to be a deal, they're going to go up on some people. >> yeah. look, taxes are probably going to go up on the rich because president obama did -- you know, he went around the country saying if he was re-elected, that's what he would do. but, you know, as i told you many times, even if we don't get a deal here in the next 24 hours, this is not thelma and louise. this is a slope, not a cliff that's going to cause a crash in the economy. i do think it looks bad for the country. it's beneath us to go into this new year not knowing what the tax code is going to look like, what kind of spending cuts will go in. this is politics at its very lowest. >> let's talk about a week ago one of the things that you and i both thought shall i thought it was a bit cynical that john
i listened to the gentleman who said president obama won the election so he should get his way, but the republicans say, look, we won the house. i do want to see a deal done. and by the way, i don't want to see taxes go up, ali. you know that. i think it's bad for the economy -- >> but you also generally agree if there was going to be a deal, they're going to go up on some people. >> yeah. look, taxes are probably going to go up on the rich because president obama did -- you know,...
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president obama wants higher taxes on the wealthy, stimulus spending, limited cuts to entitlements, and speaker boehner wants limited tax increases and keep his job. bob, which -- where do we go from here if a deal isn't hashed out in the next few hours? >> not necessarily in that order. i think the priorities for john boehner may have been turned around. jared is an old jazz fan, as am i, and he knows that miles davis had a song called "so what" and i think that might be the background music right now as all the posturing is going on in public. the simple fact of the matter is that they are setting up the process for working out a deal after they have scared the daylights out of everybody, and it would seem to me that to quote another song, which is "what are you going to be doing new year's eve," i think that we'll be finding that these people are still hard at it and maybe calling congress into session tomorrow night which is a really rotten way to end the year. >> jared, explain for our viewers what it really means to go over the cliff. >> well, first of all, as a former jazz bassis
president obama wants higher taxes on the wealthy, stimulus spending, limited cuts to entitlements, and speaker boehner wants limited tax increases and keep his job. bob, which -- where do we go from here if a deal isn't hashed out in the next few hours? >> not necessarily in that order. i think the priorities for john boehner may have been turned around. jared is an old jazz fan, as am i, and he knows that miles davis had a song called "so what" and i think that might be the...
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obama wants one thing and mr. boehner once anothesee and we will see a knockdown drag out fight any big dramatic of negotiation. what you and i and all americans are looking at is the prospect of a recession next year if thed president and mr. boehner can't come to agreement. as much as a 10% unemploymenttyn rate, because both as president and republican parties parties, as you can seema here, they aret playing at the margin in thecust national media is not focusing washit the reality is. they are just playing games. right along th the folks in washington. this president is guilty of class warfare. for hat? are you kidding me?ma. prident obama seems to love reat the drama. i thought he didn't like drama. the reality is that there will be so little impact on our fiscal future. the after all of the drama and whateeer the outcome, we remaih in great jeopardy. because this isn't a fiscals. future. this is not something that any of us want. don't you love it? a lame-duck session of congress. they areon the ones who hav
obama wants one thing and mr. boehner once anothesee and we will see a knockdown drag out fight any big dramatic of negotiation. what you and i and all americans are looking at is the prospect of a recession next year if thed president and mr. boehner can't come to agreement. as much as a 10% unemploymenttyn rate, because both as president and republican parties parties, as you can seema here, they aret playing at the margin in thecust national media is not focusing washit the reality is. they...